Treasurer's Re ort for the Financial Year endRn 31.03.2024 st The annual accounts have been compiled for the year up to the 31 March 2024 by Laura and have been inspected by an independent party. Stephen Lloyd. They are at the bottam of this grouped document, and show total cash at bank and in hand of £47,820, with our one liability being an outstanding debt to Mole Valley payable by end 2040 of £33,000 (down £2000 over the year from the 2022123 figure of £35,000). We make sure to maintain sufficient fvnds to pay that loan back if we folded, as well as keeping enough reserve cash for roof repr or other contingency. We continued to benefft significantly from bookings of the hall for vaccinations given by a local pharmacy during their camp&gn periods, but their total hours of hire in 23124 were 36 % shorter than in 22123. In 2022123 this vaccine hire income stream was £12.024, comprising 390/0 of our £30,585 total income from hall hire and EV chargers. The adjusted total income from hall hire and EV chargers excludin vaccine hire was £18,561. In 2023124 the vaccine hire income stream fell to £7757. a 36% fall (a £4,267 fall) on 2022123. In 2023124 thc vaccine hire income stream comprised 310kn of our £25,235 luliil income from hall hlre and EV chargers. The 23124 adjusted total income from hall hire and EV chargers excludin vaccine hire was £17,478, a 5% fajl on 22123's datum of £1,083. The total interest paid on the bank account in 23124 was £547, up from £195 in 22123. The electricity tariff rose on I" April 2023 from 10.5plWth to 22.05plkV¥h, and as we are all-electric with no gas this was Ilie iii(aiuI driver of our utilities bill increase trom i4324 In 22123 to £8605 in 23124. We sold about £2500 of electric charge vend to users of our 2 EV chargers. We are responsible for the maintenance of the long-leased car park and spent an exceptional £1416 on it in 2314, as well as spending an excepb'onal £3200 on roof repairs (the work was done at the end of 22/23, but the bill was at the start of 23/24 and so falls in the 23/24 financial year). and £430 on a long range CCTV camera, of which half, £215. was paid by the fishing club. Our net current assets are £47.820. after knocking off our one liability (the outstanding loan to Mole Valley of. now, £33k), our total assets (both bank accounts plus cash) I s that liabili are £14.820 as at end March 2024. This is a slight fall on the same datum of £15,790 in the 22123 accounts," the eXp"ona[ expenditures on the roof and car park could be said to have caused this. We were supported in 2023124 by grants from Mole Valley District Council of £200 for a coronation party. £417 frorn Capel Parish Council for the funding.of a coronation bench, £2000 from Capel
Parish Council towards a sound system, £20LKI from Surrey County Council towards a sound system, a total of £4.617 of grant income. As in previous year.£ Paill. our Chairman. secured all the grants.
Financial Activities April 2023 - March 2024 22123 for compariso INCOME GROSS INCOME: Income from users + from events+EV chargers Increase in petty cash Interest on reserve account Grants COST OF SALES: Website and advertising expenditure Licenceslroyalties for TV. music. and film rights TOTAL NET INCOME BEFORE EXPENDThURE 23124 £25,235 £0 £30,585 £0 £547 £616 £4,617 £5,000 -£1.250 758 £28.391 -£1.002 -f1,691 £33.508 EXPENDITURE Utilities . water, telcoms. electricity (no gas) -£8.605 -£4,324 PdyITieiit5 to treasurer. booking secretary and cleaner Rent + rates MVDC Insurance (building ins via MVDC+our contentslliability) Repdyiiient of MVDC loan on building work Trustee+volunteer expenses M isc costs -£4,090 -£577 -£1,583 -£2.000 -£7,336 -£8.632 -£5,388 -£750 -£1,432 -£2,000 -£3,214 -£7,374 EXPENDITURE TOTAL -£32.823 -£24.482 NETINCOME -£4.431 £9.026
Balance Sheet As of 31 st March 2024 2023124 FIXED A55ET Tangible assets . Fixtures and Fittings Value if sold Total Fixed Asset £11,408 £11,408 CASH AT BANK AND IN HAND Natwest Current as at 3113124 Petty Cash as at 3113124 including events and cinema section Reserve account (covers outstanding £35k loan and contingencies e.g. roof problems) as at 3113123 Total Cash at bank and in hand £2,074 £1.501 £44,245 £47.820 NET CURRENT ASSETS LIABILITIES (1 outstanding loan to Mole Valley) TOTAL ASSETS LESS CURRENT UABILrrIES £47.820 -£33,000 £14.820 Frorr
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